This fund is inactive. Please see the notes section for further information regarding the inactive status. Recently inactivated funds may remain active in USAS for a period of time to complete outstanding transactions or for other accounting purposes.
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Legal Citations
Origin:
Purpose
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Administering Agencies
Financial Activity
To view this appropriated fund's current revenue and expenditure activity by agency or comptroller object code, visit the following links:
Note
Formerly to receive proceeds from the sale of general obligation bonds. The money was used to make loans to local governments to finance the cost of public facilities through the purchase of local government obligations. Not more than $10 million of the bond proceeds was used for challenge grants.
USAS Values
| USAS Title | LOCAL PROJECT FUND |
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| Consolidated Fund | |
| State Fund Group | 02 - CONSTITUTIONAL FDS EXP FOR SPECIFIC PURP |
| USAS Status | I |